Maryland

Maryland Sports Betting Generates $9M in State Contributions for August 2025

Maryland’s sports wagering market generated $9,039,368 in state contributions in August 2025, with bettors wagering $434.2 million and sportsbook operators holding 12.1% of the handle.

Per Maryland Lottery and Gaming: “Maryland’s sports wagering market generated $9,039,368 in contributions to the state during August 2025. Sports bettors in Maryland wagered $434,220,458 during the month and won back $381,761,359 in prizes. Sportsbook operators held 12.1% of the handle.

Retail sports wagering operators contribute 15% of their taxable proceeds to the Blueprint for Maryland’s Future Fund, which supports public education programs. Mobile sports wagering operators contribute 15% of their taxable proceeds to the Blueprint Fund and 5% to the state’s General Fund. For August 2025, the combined retail and mobile contribution to the Blueprint Fund was more than $6.8 million, while more than $2.2 million in mobile proceeds went to the General Fund.

Maryland added a new mobile sports wagering operator in late August, as bet365 conducted a successful controlled demonstration on Aug. 28 and launched on Aug. 30, partnering with Charles County-based Riverboat on the Potomac. Maryland currently has 12 mobile platforms and 12 retail sportsbook locations.

A detailed summary of the August 2025 results for each sportsbook, including handle, hold percentage, prizes paid, promotional play, taxable win, and contribution to the state, along with a summary of statewide handle and hold by sport is included in the attached chart and available for download at mdgaming.com.

Here are the statewide totals for August 2025:

Handle (Amount players wagered, including free promotional wagers)

·         Retail: $7,608,366 (includes $9,700 in deductible free promotional wagers)

·         Mobile: $426,612,092 (includes $5,862,478 in deductible free promotional wagers)

·         Combined: $434,220,458

Prizes (Winnings paid to players)

·         Retail: $6,221,041

·         Mobile: $375,540,317

·         Combined: $381,761,359

Hold (Handle less prizes paid)

·         Retail: $1,387,325 (18.2%)

·         Mobile: $51,071,775 (12.0%)

·         Combined: $52,459,100 (12.1%)

Taxable Win (Amount remaining after deducting prizes, promotional wagers and other amounts)

·         Retail: $1,359,484

·         Mobile: $44,177,225

·         Combined: $45,536,710

Sports Wagering Tax (15% of Taxable Win for Retail; 20% of Taxable Win for Mobile)

·         Retail: $203,923

·         Mobile: $8,835,445

·         Combined: $9,039,368

Since the inception of Maryland’s sports wagering program in December 2021:

·         Cumulative contribution to the Blueprint for Maryland’s Future Fund:  $189,678,692

·         Cumulative contribution to the General Fund: $3,989,727

·         Cumulative expired prizes contributed to the Problem Gambling Fund:  $4,759,688″